What is a payment gateway licence ?

Legal Compliance : Companies providing Payment Gateway services having the lisence and permission for it, which is regulated by a regulatory body makes sure that there is proper authorisation and there is compliance with all the necessary laws and lisecnces for payment gateway business to operate upon.

Credibility and Trust : Having compliances and the lisences that are regulated and authorised by the government increases the trust and credibility of the general public on the company.Because to facilitate banking process one needs to submit their bank details and these would be operating on their hard-earned money. In India during the end of the previous decade the main challenge these payment gateways faced is to get the trust of the Indian customers in the Indian market.

Access to Payment Systems : Having lisence not only facilitates payment merely between two individuals, it is much more it connects the service with banks, with services that facilitate investments. Having lisence gives acesss to all the finance related service as well as investing finance services.

Market Expansion : Increasing in access to payment also increases the scope of expansion in the market for the service provider allowing to reach to a wider customer base and more people in the process The customer base not only limits to just merely two people merely making payments, but it extends to banking business and also it reaches to people looking for guidance related to investment of their finances.

Revenue Generation : Expanding the market leads to more leads to more revenue being generated from the business. Earlier in order to make some money, these platforms used to merely have their customer base to two people who are trying to just send money to each other. But with the expansion in market and increase in the customer base, the scope of revenue generation by acquiring lisence and proper authorisation increases way more.

1 . Business Incoproation papers from the Registrar of Companies

2 . Onwers identity proof- Adhar Card or Pan card

3 . Director Identification Number(DIN) and Digital Signature Certificate(DSC)

4 . Bank account of the business

5 . Proof of registered property for the business

6 . Proof of test related to the working of the transfer model, coding test certificate from a software company.

7 . Basic business plan of the company

Pool of Experts :RegisterKaro holds a large pool of Experts from all over the world specializing in registration services of different types. Our team of experts makes sure that your work is taken care of in the most effective manner possible.

Cost-effective : RegisterKaro business registration services are of premium quality at the most efficient rate, which suits the client's pocket, making sure that quality service is not the only thing the client gains on our platform.

Client-oriented approach :Our team of experts is well-trained and equipped with a client-oriented approach, keeping in mind that the process must be client-centric, focusing on meeting all the requirements of their business and, therefore, satisfying their needs.

Process Alteration: For the fact that we focus on a Client-centric approach, we keep our process structurization open for the client to alter it as per their need, requirements, and vision. For us, obtaining the best results is the focus, along with the Client satisfaction.

Trusted partner of 10000+ Clients: RegisterKaro has earned the trust of more than 10000+ clients who have availed our registration services. Their trust in us from a term in continuity is proof of our services backed by quality and assurance.